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Chinese Company Said Linked To Bo Xilai Denies Bankruptcy Report

Shide Group, led by a Chinese entrepreneur said to have close ties to the powerful, recently fallen politician Bo Xilai, issued a statement yesterday denying a report that the company is facing bankruptcy.   Shide, whose main business interests include financial services, building materials and a soccer team, is reportedly facing large debts.  Xu is reported to [...]
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JINAN, China (AP) — Standing trial Thursday in China's biggest scandal in decades, ousted Chinese politician Bo Xilai defended himself against corruption allegations, saying he was pressured into making a confession and strongly den...

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JINAN, China (AP) — Ousted Chinese politician Bo Xilai told a court Saturday that he made mistakes that prompted his top aide's embarrassing U.S. defection bid, but denied criminal responsibility for the incident that triggered the ...

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Business & Finance : China Wealth (3 years ago)

Xu Ming, a Chinese tycoon said to have close ties to recently fallen politician Bo Xilai, may be under investigation or arrest for wrongdoing, according to media reports.  Xu is chairman of the Dalian Shide Group, whose main busines...

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